Cohen Steers Infrastructure stock hits 52-week high at $24.87

Published 30/08/2024, 14:34
Cohen Steers Infrastructure stock hits 52-week high at $24.87

In a notable performance, Cohen Steers Infrastructure Fund, Inc. (UTF) stock has reached a 52-week high, trading at $24.87. This peak reflects a robust year-over-year growth, with the fund showcasing an impressive 14.94% increase in its 1-year change data. Investors have shown increased confidence in the fund's strategy and portfolio, which primarily focuses on infrastructure investments, a sector that has gained significant attention for its potential in a recovering global economy. The fund's ability to hit this high-water mark indicates a strong market sentiment and positions UTF as a noteworthy player in its segment.

InvestingPro Insights

In light of Cohen Steers Infrastructure Fund, Inc. (UTF) reaching a 52-week high, a closer look at the InvestingPro data and tips provides further insights into the fund's performance and potential outlook. With a market capitalization of $2.39 billion and a dividend yield of 7.48%, UTF is not only significant in size but also pays a considerable dividend to its shareholders, which has been maintained for 21 consecutive years. This consistency in dividend payments is a testament to the fund's stability and commitment to shareholder returns.

The fund's revenue growth over the last twelve months stands at 21.44%, indicating a strong performance in its sector. This growth, coupled with a gross profit margin of 100%, underscores UTF's efficiency in generating income from its investments. Despite a high P/E ratio of 65.92, which suggests a premium valuation, the fund's stock trades with low price volatility, providing a level of predictability for investors.

Investors interested in further analysis and additional insights can find more InvestingPro Tips for Cohen Steers Infrastructure Fund at https://www.investing.com/pro/UTF. There are a total of 7 additional tips listed, offering a more comprehensive understanding of UTF's financial health and market position.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.